Print Page   |   Contact Us   |   Your Cart   |   Sign In   |   Learn More
NAPCP Search
Commercial Card News Brought to You by the NAPCP: Industry Regulation

European Commission concerned that Visa’s interchange fees violate antitrust rules

Wednesday, August 01, 2012   (0 Comments)

As announced by the European Commission on July 31, 2012, the Commission has informed Visa of concerns about possible violations of EU antitrust rules concerning multilateral interchange fees (MIFs) set by Visa for transactions with consumer credit cards in the European Economic Area (EEA). The Commission's preliminary view is that these MIFs restrict competition between banks and infringe EU antitrust rules that prohibit cartels and restrictive business practices. Read the complete press complete.

This news comes just two weeks after Visa, MasterCard and major banks settled a U.S. lawsuit related to the fees and rules for card acceptance, demonstrating that interchange continues to be scrutinized worldwide.

Learn more about the fees related to card acceptance by visiting the Pricing and Revenue section of the Resource Center.


Sign In


Forgot your password?

Subscribe or join here

Featured Items
Event Calendar

10/4/2016
Back to School—Training Techniques Boot Camp

10/11/2016
NAPCP Commercial Card Regional Forum - Atlanta, GA

10/18/2016
Capital One Demo-Transforming ePayables: Get Rewarded for Paying Suppliers Efficiently & Securely

10/19/2016
How Do You Define Success?—Tips for Sharing Program Performance with Leadership

11/2/2016
Shifting Perspective: Increasing Supplier Acceptance in Your ePayables

Copyright © 1999 - 2016 NAPCP - Advancing Commercial Card & Payment Practices Worldwide
Certified Purchasing Card Professional Credential 
The next application due date is February 28, 2017
to take the exam at the Annual Conference on April 10, 2017.

Complimentary resource for all website visitors.
Order your copy today!
NAPCP members, $159; non-members, $209